This certification covers Portfolio management and Risk management. With the help of this certification you can analyze and allocate resources. You can identify alternative levels and choose the optimal alternative for each portfolio element. In this course you can track and implementing the business environment to re- evaluate the allocation of resources in the portfolio. Through this course you can understand the client’s financial needs and designs a suitable investment plan as per his income and risk taking abilities.

About Certification

In this Course you will learn about Investment policy statement, about Pension plans Mutual Funds and its categories, mutual funds vs various funds, types of return,Portfolio variance, CML SML, risk in security CAPM, IPS Portfolio performance Evaluation ,Illiquid Assets, hedge Funds


The increasing importance of the Portfolio management presents the best investment plans and minimization of risks involved in investing as per the individual’s income, age, and ability to undertake risks. Therefore this certification will be helpful for the professionals those are planning to join Portfolio management.


Students should have hands-on experience with Excel and a brief idea about Finance, Balance Sheets and Cash Flow Models.

Target Audience


Investment Bankers

Portfolio Analyst

Risk Manager


6+ Hrs Video Recording

Question Bank

Mind Maps

Study Notes

In this certification you possibly determine how the project will be run and who will work on what task with clear view of what is expected and when.

Companies that hire Certified Candidate


Portfolio Management

Risk Management and Investment

Course Curriculum

  • Investment Policy Statement
  • Investment Objectives
  • Risk Objectives of an investor
  • Constraints of an Investor
  • Types of Investment Management Clients
  • Pension Plans
  • Mutual Funds and its various categories
  • Characteristics of different types of clients
  • Covariance & correlation coefficient
  • Portfolio Risk (Variance)
  • Capital Market Line
  • Movement on CML – Borrowing or Lending
  • Capital Asset Pricing Model (CAPM)
  • CAPM – Basics
  • Security Market Line
  • Comparing SML and CML
  • Portfolio Performance Evaluation
  • Other Models for Estimating Returns of a security
  • Inputs to Portfolio Construction Process
  • Motivation and Methods for Refining Alphas
  • Neutralization and Methods for Refining Alphas to be Neutral
  • Implications Transaction Costs have on Portfolio Construction
  • Issues in Portfolio Construction
  • Optimal No-Trade Region for Rebalancing with Transaction Costs
  • Portfolio Construction Techniques
  • Dispersion
  • VaR Concepts for Portfolio
  • Individual VaR
  • Diversified Portfolio VaR
  • Role Correlation has on Portfolio Risk
  • Portfolio Standard Deviation of Returns
  • Marginal VaR, Incremental VaR, Component VaR
  • Component VaR for a Non-Elliptical Distribution
  • Managing Portfolios Using VaR
  • Difference Between Risk Management and Portfolio Management
  • Define Risk Budgeting
  • Investment Process and Challenges of Large Financial Institutions (Like Pension fund)
  • Describe the Risk Management Challenges with Hedge Funds
  • Types of Risk, Using VaR
  • Risk Budgeting Across Asset Classes
  • Define, compare and contrast VaR and Tracking Error as Risk Measures
  • Risk Planning
  • Risk Budgeting and Risk Monitoring
  • Discuss sources of Risk Consciousness within an Organization
  • Objectives of a Risk Management Unit in Investment Management Firm
  • Risk Monitoring Confirms that Investment Activities are Consistent with Expectations
  • Liquidity Considerations
  • Explain the Objectives of Performance Measurement
  • Common features of Performance Measurement Framework
  • Dollar Weighted Rate of Return
  • Time Weighted Rate of Return
  • Risk Adjusted Performance Measures
  • M-Squared (M2) Measure
  • Statistical Significance of Alpha Returns
  • Measuring Hedge Fund Performance
  • Performance Evaluation With Dynamic Risk Levels
  • Measuring Market Timing Ability
  • Measuring Market Timing With Regression
  • Measuring Market Timing With a Call Option Model
  • Call Option Model
  • Past Fund Failures
  • Elements of Due Diligence
  • Manager Evaluation
  • Risk Management Evaluation
  • Operational Due Diligence
  • Business Model Risk
  • Fraud Risk
  • Characteristics of illiquid markets
  • Market Imperfections and Illiquidity
  • Impact of biases and Reported returns
  • Illiquidity Risk Premiums
  • Secondary Markets for Private Equity and Hedge Funds
  • Harvesting illiquidity premiums
  • Portfolio Allocation to Illiquid Assets
  • AIM Statements
  • Characteristics of Hedge Funds
  • Difference between Hedge Funds and Mutual Funds
  • Evolution of Hedge Fund Industry
  • Hedge Fund Strategies
  • Investing in the Portfolio of Top Performing Hedge Funds
  • Market Events Resulted in the Convergence of Risk Factors
  • Risk Sharing Asymmetry between Principals and Agents